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BT EXCLUSIVE

Gaw Capital Partners said to be buying Robinson 77 for about S$710m

Price works out to about S$2,300 psf on NLA of 307,585 sq ft. Seller is CLSA Real Estate-managed fund

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Analysts expect the group's acquisition of Robinson 77 to be pretty much a yield play for now, given the substantial asset enhancement works done.

Singapore

AN ENTITY controlled by Hong Kong private equity property group Gaw Capital Partners is understood to be buying Robinson 77 for about S$710 million from a fund managed by CLSA Real Estate.

The price works out to about S$2,300 per square foot on net lettable area (NLA) of...

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